120 Peterson St, Fort Collins, CO, 80524
About This Home
Updated four-plex for sale in an incredible downtown Fort Collins location just blocks from Old Town Square. The building has a brand new roof plus updated electrical and plumbing while the remodeled kitchens feature quality custom cabinets, tile backsplashes and stylish finishes. Updated bathrooms have subway tile showers and even radiant floor heat in a few units. Other things that make this place so special are solid hardwood floors, exposed brick, arched doorways, and this charm will equate to high rents. The largest unit is available, ready for a new lease at a price selected by the new owner. The three other units are currently leased. With this stellar location there is great potential for long term appreciation. There is a garage for shared tenant storage and a laundry room in the basement. It's a very low-maintenance lot and includes a front yard sprinkler system. Utilities are shared among tenants and there is no HOA.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1912
Materials
- Roof: Composition
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Legal Conforming
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Range,Dishwasher,Refrigerator,Washer,Dryer
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating & Cooling
- Heating features: Hot Water,Radiator
- Cooling features: Wall/Window Unit(s),Ceiling Fan(s)
Interior Area
- Total structure area: 2,080
- Total interior livable area: 2,080 sqft
Property
Details
- Parcel number: R0044245
- Zoning: NCB
- Special condition: Private Owner
- Exclusions: Personal property of tenants and staging items
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Sprinkler System
Lot
- Lot size: 3,220 sqft
Parking
- Total spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Hail
- Winter Weather
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,309 | $63,708 |
| Home Insurance * | $464 | $5,568 |
| Property Taxes | $455 | $5,460 |
| Electricity | $186 | $2,232 |
| Total | $6,414 | $76,968 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $1,100,000 |
| 2025-07-02 | Listing removed | $1,195,000 |
| 2025-06-25 | Price change | $1,195,000 |
| 2025-05-15 | Price change | $1,200,000 |
| 2025-04-03 | Listed for sale | $1,275,000 |
| 2024-07-17 | Listing removed | -- |
| 2024-07-13 | Listed for rent | $1,350 |
| 2022-07-04 | Listing removed | -- |
| 2022-07-01 | Listed for rent | $1,100 |
| 2021-11-28 | Listing removed | -- |
| 2021-11-20 | Listed for rent | $1,350 |
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